AMFI June data: Equity mutual fund inflows jump 24% to ₹23,587 crore

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Equity mutual fund inflows rose by 24% in June to 23,587 crore, as per monthly data from the Association of Mutual Funds in India (AMFI). In comparison, the inflows stood at 19,013 crore in May.

SIP momentum hits record high

A total of 61.91 lakh new SIPs were registered during the month, taking the number of active contributing SIP accounts to 8.64 crore. The SIP contribution reached a record 27,268.79 crore, while the SIP AUM stood at an impressive 15.30 lakh crore. 

Overall mutual fund inflows saw a strong surge in June, rising 67% month-on-month to 49,301 crore, compared to 29,572 crore in May, as per AMFI data.

Meanwhile, the total assets under management (AUM) for the mutual fund industry also witnessed a steady 3% rise, climbing to 74.14 lakh crore in June from 71.93 lakh crore in May, marking a new milestone for the industry.

Debt funds flows

Debt funds saw mixed trends in June. Liquid fund outflows eased to 25,196 crore, down 37% from May. Corporate bond fund inflows dropped to 7,124 crore from 11,983 crore. Credit risk fund outflows also declined 32% to 168 crore.

ETFs and hybrid funds

Gold ETFs saw a remarkable surge in inflows, rising over sixfold to 2,080.9 crore in June from 292 crore in May, a 613% jump. In contrast, other ETFs witnessed a sharp drop, with inflows falling 79% to 844.4 crore. Hybrid funds, however, continued their upward trend, with inflows rising 12% to 23,222 crore in June from 20,765 crore in May.

New Fund Offers (NFOs) recorded inflows of 1,986 crore in June, registering a sharp 52% drop from 4,170 crore in May, which is less than half the previous month’s figure.